Going in with Cash Offer

[Trailmaker]

That is what I have found. Every vehicle we have purchased since 1996 we went in ready to pay in cash or check, whichever got the best deal, and ended up financing for one reason or another. The wifes last 3 cars we got with 0% financing and various incentives (in each case we worked out the out the door price before discussing interest rates). The 2018 Raptor we got 0 down and 1.9% financing, they would not do 0% on that thing.

I always put the cash back into an investment, intending to "use their money". But I got to tell you, in every case I eventually get tired of seeing the bills come in and pay the thing off anyway, the loans seldom last as long as 18 months. The Raptor payments lasted 7 months, the most recent Lincoln payment 1 month, the first bill that came in on that I just wrote a check for the 10 day payoff amount. I know in my head that leaving the money in an investment is the smarter thing, but getting bills in the mail sucks. My wife tries to never let me see the bills for that very reason. We pay every necessary bill that we can (trash, water, etc) at the beginning of the year just so I don't have to see the mail in the mail box

T!

Maybe my 2 cents would change if I rolled like y’all.

 

[T palms]

I sell upscale new homes in Phoenix AZ, and I get the occasional “is there a discount if I pay cash?”.
My response is “I’d doesn’t matter if you pay cash at close of escrow, do a wire transfer, or talk out a mortgage...I get your money all the same”.
Can’t blame someone for asking...but it’s the truth whether you are buying a new home or a Raptor.

pretty much this. the dealership gets the money one way or another, so they really have no incentive to give you a discount for paying in cash. When I sold cars i had people offering to pay cash all the time. The only thing that made a difference was like someone else said, it shows you are serious, so that may allow for some wiggle room.

 

[Muchmore]

Look at it this way. If a guy walks in waving $75k would you be inclined to give them a money break?

You need to walk in with my credit is crap and my mom said she would give me the down payment!!

 

[caleb]

I pay cash for all my vehicles, even if I can get extras for financing through them. However, I've learned over the years you never tell them you are paying cash. You just don't say anything at all since 99% of people that are looking to buy a $75K truck (or almost any vehicle really) will need to finance it. So let them assume you're financing it. Don't even mention anything until you get to the Finance officers office and you've already worked out a deal to your satisfaction. I'm not sure how the '19s are, but unfortunately, that may be MSRP or even above it.

 

[Gsteve]

Funny how people think "cash" means something. VS what... chickens , grain your ****** sister?

 

[Mike Barlow]

Went in with no financing and got 4500 off 75,250 msrp on a 19

 

[caleb]

Funny how people think "cash" means something. VS what... chickens , grain your ****** sister?

Ha, yeah. I always get a kick out of when I sell stuff and the offer is $XXXX CASH! My reply is always, I don't deal in credit so of course it's going to be a cash offer.

 

[Gsteve]

Exactly.... so dumb.

 

[Roy Esslinger]

Found a 2019 802A, Performance blue, sticker $75120. What can I expect if I go in with cash?

Mine is 75,600 and I will pay 71,500 when it arrives and that includes destination and they don't charge anymore for what they once called Dealer prep. I probably only got a little off Msrp because our family has used the same dealership for both new and used cars for the past 40 years. But you young guys are right why not negotiate the smallest interest rate you can get from the bank or especially Ford Motor Credit, although I don't think there is much of a deal from Ford Mtr Credit on a raptor. and invest you cash in some good stocks. If any of you have that much cash setting around you can easily earn 12-17% on your investments and that being very modest. I am 70 years old now and I have made enough off my investments just since Trump has been president that I could buy 4 Raptors. Please don't think I am bragging but I lived all my life very humbly for 50 years and was very careful on my spending habits. I don't own a boat or a place on the lake but I do own my home and it just happens to have an empty space in the garage I need to fill. I'm just saying.

 

[Speedracer800]

Dealers prefer you finance. They make more money when you do. "cash" means nothing to them. It's just a pickup truck at the end of the day.. Not a big deal.